LSI Equipment implements Tamarack DataConsole™ in tandem with TURBO-Lease™ to support growth and drive operational efficiency
Fully integrated enterprise technology solution combines back-office software with business intelligence system to provide actionable insights from a holistic view of data
St. Paul, Minn. (December 10, 2024) — Regional farming and construction leasing company LSI Equipment (LSI) has implemented Tamarack Technology’s DataConsole™ business intelligence in tandem with the TURBO-Lease back-office software to support business growth and drive operational efficiency. The technology empowers LSI to gain insights from having all its data in one location.
The integrated solution replaces time-consuming manual processes that LSI had been using with automated reporting via Tamarack’s DataConsole platform connected to the TURBO-Lease contract management system (CMS) software. This enables LSI to make better use of the data generated by its business and quickly make decisions using the analytics tools of the platform.
“It's harder to grow the business when you can’t readily see what is working and what is not,” said Mitchell L. Westbay, president, LSI Equipment. “This is a pivot point for LSI. With the implementation of DataConsole connected to TURBO-Lease, we are advancing our technology infrastructure to scale with our business growth. The comprehensive view of the business helps us better serve our customers and supports our efforts as we engage new markets and origination partners.”
A key element of the Tamarack AI product suite, DataConsole was developed to consolidate and use data from across the enterprise. The organized collection of data positions LSI to leverage analytics and AI going forward, which are both essential in today's increasingly competitive marketplace. The platform enables LSI’s team to derive actionable insights and make informed decisions that drive better customer engagement.
“LSI is a perfect example of how the better use of data can transform an organization,” said Scott Nelson, president and CTO at Tamarack Technology. “We are excited to partner with TURBO-Lease on this implementation because it is such a highly regarded solution for emerging and fast-growing equipment finance companies.”
About LSI Equipment Leasing
LSI began as the financing division of a farm equipment dealer leasing business in 1976, serving Illinois farmers. In 2002, LSI became an independent leasing company and now serves customers in 24 U.S. states. LSI offers customers operating and capital leases on all new and used agricultural equipment, construction equipment, trucks and trailers, and grain storage facilities.
About Tamarack Technology, Inc.
For more than 20 years, Tamarack Technology, Inc. has been helping equipment finance companies improve productivity and profitability with software consulting and cutting-edge technology products. Today, Tamarack is the only professional services and product provider in the industry to deliver AI, business intelligence and customer self-service that maximize equipment finance operations across the entire software ecosystem. Tamarack’s industry experts understand equipment finance and can enhance a company's existing systems, close technology gaps and drive improved performance. For more information, please email discover@tamarack.ai or visit www.tamarack.ai.
About Better Programs, Inc.
Better Programs, Inc was founded in 1985 and released the first version of TURBO-Lease in 1987. With over 35 years of experience in the software and equipment leasing industry, TURBO-Lease is a trusted platform to meet lease accounting software needs. Over 950 unique licenses have been sold across the US and Canada and the TURBO-Lease customer base is currently over 200 users strong and growing each year. For more information, please email sales@turbolease.com or visit www.turbolease.com.